Bitcoin Aunt Ethereum Early Morning Trading Suggestions and Future Trend Analysis: 5/7


The current market sentiment shows a strong upward trend on the technical side, with hammer candlestick patterns and multiple moving averages forming a powerful bullish signal. However, the weakening trading volume indicates market consolidation at high levels, which may pose a risk of divergence between price and volume, requiring caution. Additionally, external fear sentiment could weaken investor confidence, thereby affecting capital inflows and intensifying market volatility. Therefore, despite technical support for an upward move, the complexity of the external environment causes the overall market to present a neutral sideways state.

Then, we previously positioned for a short DAI strategy at high levels, gradually capturing space. For Bitcoin Aunt Ethereum, we shorted around 81,500 and 2,420. Although there was some upward movement earlier, it does not affect our overall trend judgment. Those who missed the initial move can follow the rhythm later; the main approach remains to short on retracements at high levels.

Analyst Xiao Ma's Daily Trading Recommendations:
Short around 81,500-82,000 for Bitcoin Aunt, target around 80,500-80,000
Short around 2,370-2,390 for Ethereum Aunt, target around 2,300-2,280#比特币站稳8万关口 #加密市场回升 #Gate广场五月交易分享
BTC-0.07%
ETH-1.17%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin